A risky but fun counter trend scalp, took my eye off this chart for a sec which you should never do with such a scalp, there were more pips on the table.
Notice how the ma hi/lo channels are fanning out and up?
Took a quick look at the 1 min chart with this template, but this trade looked much better on the 5 so used it instead.
May have to open another thread on this one later, doubt CCI can look this good on renko.
Any thoughts on the subject?
Too much distraction from the renko setups here, please let me know while I can still delete my post today.
Tried it on a couple different renko brick sizes 1 to 4, but the cci doesn't react in the same way on renko charts.
I know it's need testing for a couple of more weeks before I start a thread on it, and maybe I'll open a new fxbook account so the trade account can be viewed for all to see.
But still have some renko setups been working on too, so don't know if I'll have enough time to fully devote to it.
Hello, anybody home?
Notice how the ma hi/lo channels are fanning out and up?
Took a quick look at the 1 min chart with this template, but this trade looked much better on the 5 so used it instead.
May have to open another thread on this one later, doubt CCI can look this good on renko.
Any thoughts on the subject?
Too much distraction from the renko setups here, please let me know while I can still delete my post today.
Tried it on a couple different renko brick sizes 1 to 4, but the cci doesn't react in the same way on renko charts.
I know it's need testing for a couple of more weeks before I start a thread on it, and maybe I'll open a new fxbook account so the trade account can be viewed for all to see.
But still have some renko setups been working on too, so don't know if I'll have enough time to fully devote to it.
Hello, anybody home?